Adani Group stock jumps after funding Colombo project through internal accruals and withdrawing $553 million US loan

Shares of this Adani company, involved in port infrastructure development and operations, announced the withdrawal of its $553 million loan request to the US International Development Finance Corporation (DFC) for developing a key terminal at Colombo Port.  Price Movement  During Thursday’s trading session, Adani Ports & Special Economic Zone Ltd’s reached an intra-day high of … Continue reading Adani Group stock jumps after funding Colombo project through internal accruals and withdrawing $553 million US loan